Oil States International Inc. press release
Shares of Oil States International Inc. (OIS) Have Risen Above Previous 52-Week High
NYSE - New York Stock Exchange · Oil · Natural Gas · United States
Oil States International Inc. (NYSE:OIS)traded today at a new 52-week high of $9.15. Approximately 401,000 shares have changed hands today, as compared to an average 30-day volume of 946,000 shares.
Over the past year, Oil States International Inc. has traded in a range of $1.52 to $9.15 and is now at $8.51, 460% above that low.
Oil States International is a manufacturer and service provider of oilfield products and services used by oil and natural gas companies, drilling companies, and other oilfield-services companies. The company's product portfolio includes capital equipment manufactured for drilling, oil well construction, and production of oil and natural gas. The operating segments of the company are well-site services, offshore/manufactured products, and downhole technologies. The vast majority of the company's revenue is generated by the well-site services and offshore/manufactured products segments, and more than half of the revenue is earned in the United States.
Oil States International Inc. (NYSE:OIS) is currently priced 7.9% above its average consensus analyst price target of $7.84.
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